News24 Business | Nick Hedley | The outlook for fuel prices and interest rates has worsened

News24 Business | Nick Hedley | The outlook for fuel prices and interest rates has worsened

Nick Hedley

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If OPEC extends its supply cuts, or the war in the Middle East expands, then a triple-figure oil price is on the cards – bad news for consumers, says Nick Hedley.

Just a few months ago, it felt as though the end was in sight for the global war on inflation, and that this would allow for some much-needed interest rate relief.

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